Mortgage Rates Nudge Lower to Remain In The Same Old Range
Recent stock market losses have gotten a lot attention in the news recently. While there’s no reliable correlation between stocks…
Tag: Rates
Mortgage Rates Hold Steady Thanks to Jobs Report
Yesterday, we discussed the fact that mortgage rates were heading into Thursday with a disadvantage (for most lenders, anyway). This…
Fed likely to not cut rates in December following delayed September data, according to market odds
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting…
Rates Mostly Steady, But Some Signs of Trouble in The Afternoon
It was a complicated day for mortgage rates. Officially, at the time of this article, the average top tier 30yr…
Mortgage Rates Hold Steady Yet Again as Data Returns
With economic data being the most consistent source of motivation for rates, the market has been eager for it to…
Mortgage Rates Hold Steady to Begin New Week
The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it’s no surprise to see mortgage…
Mortgage Rates Near The Top of Recent Range
Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so…
Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts
Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at…
Mortgage Rates Only Modestly Lower Despite Bond Market Improvement
Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were…
Mortgage Rates Edge Higher But Remain in November Range
Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically,…